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Non-Tech : CompUSA (CPU) -- Ignore unavailable to you. Want to Upgrade?

To: anatoly goldin who wrote (2385)5/10/1999 2:41:00 PM
From: Jason Chesshir  Respond to of 3187
 
There is a strong support at 6, I would like too see cpu down to the low 5's inorder for me to add to my position, however I do not see this happening so I added more today 10k@6 1/8. An IPO market cap for compusanet.com would easily yield twice CPU's current market cap. It is highly likely CPU will access the capital market.



To: anatoly goldin who wrote (2385)5/10/1999 3:30:00 PM
From: Michael  Read Replies (1) | Respond to of 3187
 
Why would this stock go to $5.50? Because you want it to? It was 7 last week and I highly doubt it will go below 6. It is more likely that it goes to $7 than $5.50. It is extremely undervalued. The book value is $4.50, sales are still strong, and internet sales are rising at a fierce pace.


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